Whale Turns $8.5M Profit on 1.38M HYPE After 120% Price Recovery from November Lows

Gate News message, April 16 — According to on-chain analyst Ember Chen (@EmberCN), a whale opened a long position of 1.38 million HYPE at $38.6 in November 2025, investing approximately $62.13 million. As the price fell to a low of $20.5, the position suffered an unrealized loss of up to $26 million.

With HYPE rebounding over 120% to $45, the whale has now turned the position profitable with an unrealized gain of $8.5 million.